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StrongPoint Earnings Release 2018

Jul 12, 2018

3767_rns_2018-07-12_c6411397-bd9a-4c21-ba73-5726f7934fee.html

Earnings Release

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StrongPoint ASA: Second quarter 2018 result

StrongPoint ASA: Second quarter 2018 result

Highlights second quarter

Operating revenues

- MNOK 276.4 (237.9)

EBITDA

- MNOK 18.3 (6.7)

Cash flow from operational activities

- MNOK 6.0 (11.0)

Non-recurring items affecting EBITDA

- Alimerka has bought remaining rental agreement, MNOK 21,3

- Non-recurring costs regarding changes in the Group, MNOK 5,9

- Upgrade due to weakness in construction in new product line from Cash

Security, MNOK 8,1

Agreement on POS solution for a large specialty retail chain in the Baltics

Coop Norge has ordered electronic shelf labels (ESL) for additional 70 stores

StrongPoint Cub, which StrongPoint acquired in December 2017, had a very good

development. Operating revenues were MNOK 9.8 during the quarter

A dividend of NOK 0.50 per share was paid in May 2018 (MNOK 22)

About StrongPoint:

StrongPoint's mission: Driving Retailers' productivity by providing innovative

integrated Technology Solutions enabling retailers to perform to their full

potential.

StrongPoint has its headquarter at Rælingen, and has approximately 560 employees

in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain, Russia and

Malaysia. StrongPoint has the ticker "STRONG" on Oslo Stock Exchange. For

further information: www.strongpoint.com

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.